Company Briefs
China Fishery can meet higher financing needs
CHINA Fishery Group, the subsidiary of frozen fish supplier Pacific Andes Resources Development, has enough liquidity to manage higher financing needs this year despite a recent acquisition, said Fitch Ratings. This is because of continued bank support and likely higher operating cash-flow generation, said Fitch. The ratings agency has a negative outlook on the company, which it rates as a BB-, or speculative grade. China Fishery acquired Per…
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Companies & Markets
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3% to S$293.7 million
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB